Top Competitors Continue to Outinvest the United States in Export Credit Financing

Stephen Ezell November 6, 2013
November 6, 2013

The United States’ Export-Import Bank (Ex-Im Bank) fills an important role in leveling the playing field for U.S. exporters by matching credit support that other nations provide to their exporters, thus ensuring that U.S. exporters are able to compete against foreign competitors based on the quality and price of their products and services, and not loose sales because a foreign government has helped a foreign competitor by providing superior financing terms to a potential buyer. Unfortunately, America’s top competitors in Europe and Asia invest significantly more in export credit financing than the United States as a share of their economies, and—in China’s and Korea’s case—even current dollars. This blog reports the latest comparative data on countries’ investments in export credit finance.